Question: QUESTION 2 2 . 1 Use the information provided below to calculate the following. 2 . 1 . 1 Economic Order Quantity 2 . 1

QUESTION 22.1 Use the information provided below to calculate the following. 2.1.1 Economic Order Quantity 2.1.2 Number of orders that are required each year 2.1.3 Total carrying costs. INFORMATION The monthly demand for Product Z sold by Sakha Traders is 20000 units. The purchase price is R10 per unit. The carrying cost of inventory amounts to \(10\%\) of the purchase price. The ordering cost is R18.75 per order. 2.2 REQUIRED Determine the value of closing inventory as at 31 March 2025 and gross profit for March 2025 from the information supplied below. Use the format of the Statement of Comprehensive Income to present your answer. The statement must include, amongst others, opening inventory, purchases, carriage on purchases and closing inventory. INFORMATION You are provided with the inventory record of Appliance Megastore, which sells microwaves, for the month ended 31 March 2025. The business uses the specific identification method to value inventories. Inventory record of microwaves for the month ended 31 March 2025Purchase priceInventory on 01 MarchInventory on 31 March Note: The purchase price of each model was unchanged during March 2025. The purchase prices above exclude carriage on purchases of R100 on each microwave.
QUESTION 2 2 . 1 Use the information provided

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